If Bernanke had done some shopping at grocery or department stores, he might have had second thoughts about QE2. Here are two articles from CNBC:Secret Walmart Survey Shows Inflation Already Here
A new pricing survey of products sold at the world’s largest retailer showed a 0.6 percent price increase in just the last two months, according to MKM Partners. No Inflation? Grocery Stores, Gas Prices Tell Different Story
From grocery stores to gas stations and most other consumer stops in between, price inflation is shaping up to be the biggest economic story ahead.